$SSV 🚀 BULLISH MOMENTUM 🚀
Chart Overview
The chart above captures SSV trading around a crucial Fibonacci zone, indicating a possible trend pivot. the visual consolidation near the 50–61.8% retracement suggests traders are weighing entry or exit, with potential momentum building.
Fibonacci Retracement Levels
Using a recent swing low of ~$8.00 and swing high of ~$11.00, the key Fibonacci retracement levels are:
Level Price (USDT)
38.2% ~$9.18
50.0% ~$9.50
61.8% ~$9.82
100% (Breakout) $11.00
127.2% Ext. ~$11.90
161.8% Ext. ~$13.20
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Proposed Trading Strategies
Pullback Long (Conservative Entry)
Entry Zone: ~$9.50 – $9.82 (50–61.8% retracement)
Stop-Loss: Below ~$9.00
Targets:
T1: ~$11.00 (swing high)
T2: ~$11.90 (127.2% extension)
T3: ~$13.20 (161.8% extension)
2. Breakout Long (Momentum Play)
Trigger: Clear daily close above ~$11.00 with volume surge
Stop-Loss: Below ~$10.00
Targets:
T1: ~$11.90
T2: ~$13.20
T3: ~$14.50+ (psychological extension)
Risk Management & Confirmation Tips
Validate setups with volume spikes and tools like RSI/MACD crossovers.
Limit risk to 1–2% of your capital, adjusting position size accordingly.
Fibonacci levels are most effective when aligned with broader chart structure, trendlines, and confirmation signals (e.g., candlestick patterns) .
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